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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: crimson who wrote (924)	5/12/1998 6:40:00 PM
From: Mark[ox5]	Respond to of 3129

crimson.. see Daniel's post.. there is talk of more in the pipeline. I love it when Logan thinks the companies main problem is too many good opportunities at once... and they have to pick and choose. Even without ANY of the new contracts announced this year..remember, GNNX made .31 last year on half as many shares as they have THIS Year. So that translates to currenly have a .15 EPS based on outstanding shares as of today. so .15 EPS x 20 PE = $3.00 (very simplistic analysis, but a rough idea) That .15 EPS does not include any of the contract revenue in ANY Of the contracts announced this year. It also does not include any potential revenue from future contracts. The main idea here in my thinking is get the price up to a level where we can move to the NASDAQ small cap exchange, and get away from the OTC-BB traders whose timetable is usually 1-3 days (like I do sometimes myself) and into the eyes of people who would NEVER look at a penny stock... (NASDAQ investors). That will take time (months), but I am sure that is Logan's purpose here. Mark